P/E ratio for Tokyo Century (8439.T)
P/E ratio as of April 2024 (TTM): 4.06
According to Tokyo Century's latest financial reports and stock price the company's current price-to-earnings ratio (TTM) is 4.05734. At the end of 2022 the company had a P/E ratio of -164.
P/E ratio history for Tokyo Century from 2009 to 2023
PE ratio at the end of each year
| Year | P/E ratio | Change |
|---|---|---|
| 2022 | -164 | -1361.15% |
| 2021 | 13.0 | -25.06% |
| 2020 | 17.3 | 45.47% |
| 2019 | 11.9 | 31.57% |
| 2018 | 9.06 | -26.15% |
| 2017 | 12.3 | 19.24% |
| 2016 | 10.3 | -8.71% |
| 2015 | 11.3 | 12.83% |
| 2014 | 9.99 | -6.34% |
| 2013 | 10.7 | 43.53% |
| 2012 | 7.43 | 29.54% |
| 2011 | 5.73 | 20.12% |
| 2010 | 4.77 | -31.14% |
| 2009 | 6.93 |
How to read a P/E ratio?
The Price/Earnings ratio measures the relationship between a company's stock price and its earnings per share. A low but positive P/E ratio stands for a company that is generating high earnings compared to its current valuation and might be undervalued. A company with a high negative (near 0) P/E ratio stands for a company that is generating heavy losses compared to its current valuation.
Companies with a P/E ratio over 30 or a negative one are generaly seen as "growth stocks" meaning that investors typically expect the company to grow or to become profitable in the future.
Companies with a positive P/E ratio bellow 10 are generally seen as "value stocks" meaning that the company is already very profitable and unlikely to strong growth in the future.